{"id":30204,"date":"2025-09-04T07:34:28","date_gmt":"2025-09-04T07:34:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=30204"},"modified":"2025-09-04T07:34:28","modified_gmt":"2025-09-04T07:34:28","slug":"nikkei-surges-on-wall-street-rally","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/nikkei-surges-on-wall-street-rally\/","title":{"rendered":"Nikkei Surges on Wall Street Rally"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/image_fx-86-1024x559.png\" alt=\"\" class=\"wp-image-20961\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nikkei 225 rose 1.53%<\/strong> to 42,580; <strong>Topix Index gained 1.03%<\/strong> to 3,080<\/li>\n\n\n\n<li>Tech momentum led by <strong>Alphabet and Apple<\/strong> after Google antitrust reprieve<\/li>\n\n\n\n<li><strong>Japan 10-year yield eased<\/strong> after touching 17-year highs earlier in the week<\/li>\n\n\n\n<li>BOJ Governor Ueda reiterated <strong>no shift in policy stance<\/strong> unless data demands it<\/li>\n\n\n\n<li>Eyes now on <strong>Friday\u2019s wage growth figures<\/strong> for fresh BOJ signals<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>The Nikkei 225 Index rebounded sharply on Thursday, jumping 1.53% to close at 42,580 as risk appetite returned across Asia. The broader Topix Index followed suit, adding 1.03% to 3,080, mirroring Wall Street\u2019s overnight gains.<\/p>\n\n\n\n<p>Driving the surge were heavyweight tech names including Alphabet and Apple, which rallied after a U.S. judge <a href=\"https:\/\/t.co\/K91fhfhqIb\" target=\"_blank\" rel=\"noopener\" title=\"\">ruled against splitting up Google<\/a> in an ongoing antitrust case.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Fueled by Alphabet\u2019s rally after a court win and optimism over a potential Fed rate cut this month, the Nasdaq rose 1% and the S&amp;P 500 also ended higher <a href=\"https:\/\/t.co\/v0F6VSwODK\">https:\/\/t.co\/v0F6VSwODK<\/a> <a href=\"https:\/\/t.co\/C4xYXp4t6J\">pic.twitter.com\/C4xYXp4t6J<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1963440632459936215?ref_src=twsrc%5Etfw\">September 4, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The legal win for Big Tech sparked a broader relief rally across global equity markets, offering some respite from recent volatility.<\/p>\n\n\n\n<p><a href=\"https:\/\/m.economictimes.com\/markets\/bonds\/japan-30-year-auction-tests-a-jittery-bond-market-as-global-yields-surge\/articleshow\/123689416.cms\" target=\"_blank\" rel=\"noopener\" title=\"\">Japan\u2019s 10-year government bond yield<\/a> also dipped after hitting levels not seen since 2008, providing additional support for equities.<\/p>\n\n\n\n<p>Traders took heart in <a href=\"https:\/\/t.co\/A6TTFG1rGa\" target=\"_blank\" rel=\"noopener\" title=\"\">dovish reassurance<\/a> from Bank of Japan Governor Kazuo Ueda, who reiterated that the central bank\u2019s stance remains unchanged so long as inflation and growth evolve as expected.<\/p>\n\n\n\n<p>Still, the market remains sensitive to upcoming data. Friday\u2019s wage report is expected to play a crucial role in shaping expectations for BOJ policy adjustments heading into Q4.<\/p>\n\n\n\n<p>Standout performers on the day included <strong>Fujikura (+5.1%)<\/strong>, <strong>SoftBank Group (+6.5%)<\/strong>, <strong>Sanrio (+3.3%)<\/strong>, <strong>Advantest (+4.7%)<\/strong>, and <strong>Tokyo Electric Power (+3.1%)<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The Nikkei 225 has extended its recovery from April\u2019s low at 30,397, pushing steadily higher to trade around 42,626. The index recently tested resistance near 43,946 but pulled back, and it is now consolidating just below that level.<\/p>\n\n\n\n<p>The moving averages (5, 10, 30) remain in bullish alignment, showing that the broader trend is intact, though momentum has eased. The MACD has softened, sitting close to neutral, suggesting a cooling of buying pressure.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/image-4-1024x450.jpg\" alt=\"\" class=\"wp-image-30205\" \/><\/figure>\n\n\n\n<p>Immediate resistance remains at 43,950, and a breakout above would pave the way for a move toward 45,000.<\/p>\n\n\n\n<p>On the downside, first support sits around 42,000, with stronger support at 39,800, a level that has held since early summer.<\/p>\n\n\n\n<p>The overall structure remains bullish, but the index may continue to trade sideways until a fresh catalyst provides direction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>While Thursday\u2019s rally provides near-term relief, caution lingers as bond markets remain volatile and inflation pressures persist. Should Friday\u2019s wage data surprise to the upside, BOJ tightening bets may return, testing equity resilience.<\/p>\n\n\n\n<p>Until then, the Nikkei looks poised to hold its gains but conviction may remain fragile.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*5vyjdn*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTE4NzkxMDYkbzMwOCRnMSR0MTc1MTg3OTExOCRqNDgkbDAkaDA.*_ga_6XQ8153GYW*czE3NTE4NzkxMDgkbzU3JGcxJHQxNzUxODc5MTE4JGo1MCRsMCRoMA..*_ga_BG6LYEHPX1*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMTgkajUwJGwwJGgw*_ga_J8BRGZSREX*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_7CG6454YR5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_69Z54R4H9N*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_CY2VCKFC3C*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_TXZ07R2C21*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_17TMGY9BBE*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_MWDVVSEVL5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_2QCC3S2748*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_E7D2PCX624*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_XJ4037XKK6*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_EJCVQDC7VT*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjYkajQyJGwwJGgw\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan\u2019s Nikkei 225 climbed over 1.5%, snapping back from recent losses as easing bond yields and a Wall Street tech rally lifted sentiment ahead of Friday\u2019s key wage data. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":20961,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[11,30],"class_list":["post-30204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-indices","tag-nikkei"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/30204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=30204"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/30204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/20961"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=30204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=30204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=30204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}